[Costs of Saudi Arabia's Neom green hydrogen mega-project soar by $3.5 billion] Budgets for the Neom green hydrogen mega-project, which will tap vast green energy capacity, have soared 70% to $8.5 billion, according to a financial update from co-developer Air Products. Inflation, spare parts, land upfront costs and interest on a $1 billion loan all contributed to the $3.5 billion budget increase the company is developing in the deserts of northwestern Saudi Arabia with partner ACWA Power, a Saudi renewable energy development Merchant and Neom. Editor/Xing Wentao

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• 2026.01.28 18:05
• [China Indonesia Cooperative Logistics Park put into operation]
• On January 28, 2026, the Jakarta Bandung high-speed railway DeKalur supporting logistics park, which is a cooperation between China and Indonesia, was officially put into operation. The park is adjacent to the Jakarta Bandung high-speed railway DeKalur station and integrates warehousing, transportation, and distribution. The logistics park will achieve seamless connection between high-speed rail and road freight, improve the logistics efficiency of Java Island, and help Indonesia build a regional logistics hub.Editor/Bian Wenjun

• 2026.01.28 18:04
• [The China Pakistan Economic Corridor achieves full capacity grid connection]
• The Punjab Photovoltaic Industrial Park of the China Pakistan Economic Corridor has recently completed full capacity grid connected power generation, with a total installed capacity of 900 megawatts. It is jointly invested and constructed by Chinese enterprises and Pakistani enterprises. The annual power generation of the project exceeds 1.8 billion kilowatt hours, which can meet the electricity needs of 300000 households in the local area and inject green energy into Pakistan's energy structure transformation.Editor/Bian Wenjun